Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) ROC (Joel Greenblatt) %: 0.00% (As of Dec. 2024)

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BSP:HCTR11 Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11
58 GF Score
Price R$16.21
GF Value R$29.68
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Fundo DE Investimento Imobiliario Hectare CE ROC (Joel Greenblatt) %?

Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11 +0.87% 58 ROC (Joel Greenblatt) % is 0.00% as of Dec. 2024. GuruFocus rates BSP:HCTR11 with a GF Score™ of 58/100 and a GF Value™ of R$29.68 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 628 Asset Management companies, Fundo DE Investimento Imobiliario Hectare CE ranks worse than 159235.51% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Fundo DE Investimento Imobiliario Hectare CE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 0.00%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) % or its related term are showing as below:

BSP:HCTR11's ROC (Joel Greenblatt) % is not ranked *
in the Asset Management industry.
Industry Median: 63.03
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

Fundo DE Investimento Imobiliario Hectare CE's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Fundo DE Investimento Imobiliario Hectare CE  (BSP:HCTR11) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Fundo DE Investimento Imobiliario Hectare CE ROC (Joel Greenblatt) % Related Terms


Fundo DE Investimento Imobiliario Hectare CE ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fundo DE Investimento Imobiliario Hectare CE ROC (Joel Greenblatt) % Chart

Fundo DE Investimento Imobiliario Hectare CE Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Fundo DE Investimento Imobiliario Hectare CE Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

BSP:HCTR11 vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison

For the Asset Management subindustry, Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fundo DE Investimento Imobiliario Hectare CE ROC (Joel Greenblatt) % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) % falls into.


BSP:HCTR11
58GF Score
Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario Hectare CE ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.775 + 0 + 0)
=-0.775

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.00099999999974898) - (0.554 + 0 + 0)
=-0.55300000000025

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Fundo DE Investimento Imobiliario Hectare CE for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-258.824/( ( (0 + max(-0.775, 0)) + (0 + max(-0.55300000000025, 0)) )/ 1 )
=-258.824/( ( 0 + 0 )/ 1 )
=-258.824/0
= %

Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a ROC (Joel Greenblatt) % of 0.00% mean?
Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) has a ROC (Joel Greenblatt) % of 0.00% as of Dec. 2024. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fundo DE Investimento Imobiliario Hectare CE and its competitors. According to the industry distribution chart, Fundo DE Investimento Imobiliario Hectare CE ranks #999999 out of 628 companies in the Asset Management industry.
Is Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) % too high?
Fundo DE Investimento Imobiliario Hectare CE's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Fundo DE Investimento Imobiliario Hectare CE ranks #999999 out of 628 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fundo DE Investimento Imobiliario Hectare CE has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Hectare CE's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fundo DE Investimento Imobiliario Hectare CE ranks #999999 out of 628 companies for ROC (Joel Greenblatt) %. This places Fundo DE Investimento Imobiliario Hectare CE in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 63.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 63.03, based on 628 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Fundo DE Investimento Imobiliario Hectare CE and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 63.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario Hectare CE's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario Hectare CE stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$29.68, compared to a current price of R$16.21 — trading 45.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Fundo DE Investimento Imobiliario Hectare CE's overall GF Score™ is 58/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11), the current ROC (Joel Greenblatt) % is 0.00% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Hectare CE stock appears to be undervalued. The current stock price of R$16.21 is trading 45.4% below its estimated GF Value™ of R$29.68. GuruFocus considers Fundo DE Investimento Imobiliario Hectare CE to be Significantly Undervalued.

Key valuation signals for BSP:HCTR11:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: R$29.68 vs. price of R$16.21 (45.4% below fair value)
  • GF Score™: 58/100 with 1 warning sign

No single metric tells the full story. See the BSP:HCTR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario Hectare CE Business Description

Address Rua Fidencio Ramos, 195, cj. 71, Sau Paulo, SP, BRA
Fundo DE Investimento Imobiliario Hectare CE develops and invests in solutions for alternative investments. It designs investment structures to real estate projects in all development stages. It also offers advisory services which focus on financial solutions to real estate project development in Brazil.
58GF Score

Get the complete analysis for BSP:HCTR11

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$16.21
Price
R$29.68
GF Value